SCA acquires Carter Holt Harvey

Deal will increase company's tissue operations Down Under.

 

SCA acquired the tissue and fluff operations of Carter Holt Harvey, a paper company based in New Zealand. The purchase also includes Carter Holt’s 50 percent interest in Sancella, a company owned jointly with SCA.

 

The combined business has operations in Australia as well as New Zealand.

 

The tissue production capacity of the acquired units is 130,000 tons, of which 30,000 tons is air dried. A substantial portion of fiber raw material is secured from the acquired unit's own production unit for CTMP pulp with a capacity of 50,000 tons.

 

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